We Must Reform To Transform: Narendra Modi at ASEAN Summit

Prime Minister Narendra Modi today said at the ASEAN Summit that reforms are meant to transform India.
The Quint
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Prime Minister Narendra Modi speaks at the Association of Southeast Asian Nations (ASEAN) Business and Investment Summit in Kuala Lumpur, Malaysia (Photo: AP)
Prime Minister Narendra Modi speaks at the Association of Southeast Asian Nations (ASEAN) Business and Investment Summit in Kuala Lumpur, Malaysia  (Photo: AP)
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With a slew of measures putting back the economy on track, Prime Minister Narendra Modi today said reforms are “just a way station” to transforming India and vowed to provide a transparent and predictable tax regime as well as protection to Intellectual Property Rights.

Speaking at the ASEAN Business and Investment Summit here, he said government actions in the past 18 months have led to bringing down inflation while at the same time leading to higher GDP growth and foreign investment.

“Reform is not an end in itself. Reform for me is just a way station on the long journey to the destination. The destination is the transformation of India,” he said.

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Published: 21 Nov 2015,01:51 PM IST

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